Youthbuild DC Public Charter School Inc
Analysis
Youthbuild DC Public Charter School Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Youthbuild DC Public Charter School Inc reported income of $4.8m and spending of $4.1m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $4.8m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 88% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Youthbuild DC Public Charter School Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 79th percentile within DC. Charities of a similar size with the same main cause include Knowledge Quest Academy ($4.8m), Breakwater Learning ($4.8m) and Rocket Learning Foundation ($4.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $272k (6.6% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $3.9m against liabilities of $857k, net assets of $3.1m. It reported 30 employees.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 74%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Knowledge Quest Academy | Milliken | $4.8m |
| Breakwater Learning | Portland | $4.8m |
| Rocket Learning Foundation | Cambridge | $4.8m |
| Indiana County Head Start Inc County | Indiana | $4.8m |